ProShares UltraShort Bloomberg Crude Oil
SCO
20 hedge funds and large institutions have $16.4M invested in ProShares UltraShort Bloomberg Crude Oil in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 7 closing their positions.
66% more call options, than puts
Call options by funds: $12.9M | Put options by funds: $7.73M
25% more capital invested
Capital invested by funds: $13.1M → $16.4M (+$3.29M)
0.01% more ownership
Funds ownership: 0.13% → 0.14% (+0.01%)
0% more funds holding
Funds holding: 20 → 20 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCAM
Valentine Capital Asset Management
Danville,
California
|
+$7.26M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.42M |
| 3 |
Barclays
London,
United Kingdom
|
+$637K |
| 4 |
Millennium Management
New York
|
+$567K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$415K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$1.58M |
| 2 |
VF
Virtu Financial
New York
|
-$1.15M |
| 3 |
LPL Financial
San Diego,
California
|
-$901K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$791K |
| 5 |
JT
Jump Trading
Chicago,
Illinois
|
-$569K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$3K | -3 | Closed |
|
|
FTUS
27
Flow Traders U.S.
New York
| – | -$2K | -1 | Closed |
|
SCO Hedge Fund Activity: Q1 2014 in Review
20 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in ProShares UltraShort Bloomberg Crude Oil (SCO) for Q1 2014, worth a combined $16.4M — up 25% from $13.1M a quarter earlier.
Fund positioning in SCO was balanced in Q1 2014: 7 funds opened new positions, 7 closed out, 3 added to existing stakes and 6 trimmed.
The largest buyer was Valentine Capital Asset Management, opening a new position worth an estimated $7.26M. The largest seller was Goldman Sachs, exiting entirely with an estimated $1.58M sold.
- 20 institutional investors held ProShares UltraShort Bloomberg Crude Oil (SCO) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $16.4M of ProShares UltraShort Bloomberg Crude Oil stock for Q1 2014, up 25% quarter-over-quarter.
- 7 funds opened new ProShares UltraShort Bloomberg Crude Oil positions in Q1 2014 and 7 closed out, a net change of 0 holders.
- The largest ProShares UltraShort Bloomberg Crude Oil buyer in Q1 2014 was Valentine Capital Asset Management, an estimated $7.26M added.
- The largest ProShares UltraShort Bloomberg Crude Oil seller in Q1 2014 was Goldman Sachs, an estimated $1.58M sold.
Based on aggregated 13F filings for Q1 2014.